UK inflation eased to 2.8% in February, down from 3% in January, according to data from the Office for National Statistics. The decline came in below economists’ forecasts of 2.9%, marking the
Sweden’s central bank, the Riksbank, has decided to hold its key interest rate steady at 2.25%, opting for a cautious approach as inflation proves stickier than expected and global trade tensions escalate.
President Donald Trump has issued an executive order instructing the U.S. Treasury Department to phase out paper checks for all federal payments by September 30, 2025. The move is part of a
Rain, a global card issuing platform built around stablecoin technology, has raised $24.5 million in a funding round led by Norwest Venture Partners. The round also saw participation from new investors including
Tesla shares jumped over 7% in premarket trading on Monday, helping to lift overall market sentiment as investors responded positively to reports suggesting the U.S. may take a softer stance on upcoming
Klarna, the Swedish fintech giant known for its buy-now, pay-later services, has filed for an initial public offering on the New York Stock Exchange, targeting a valuation of at least $15 billion.
European Central Bank (ECB) board member Piero Cipollone has voiced support for further interest rate cuts, citing signs that inflation across the eurozone is easing faster than previously expected. His comments come
Deutsche Bank has announced plans to cut approximately 2,000 jobs this year as part of a broader strategy to streamline operations and improve profitability in its retail banking division. The reductions will
Western Alliance Bank has confirmed a cybersecurity breach that compromised the personal information of approximately 21,899 customers. The breach resulted from a zero-day vulnerability in third-party file transfer software, exploited between October
Crédit Mutuel Alliance Fédérale, one of France’s largest cooperative banking groups, has announced the acquisition of Oldenburgische Landesbank AG (OLB) through its subsidiary, TARGO Deutschland GmbH. This move strengthens its position in
